Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/169132
Authors: 
Owen, Dorian
Year of Publication: 
2017
Series/Report no.: 
Economics Discussion Papers 2017-73
Abstract: 
"Statistical adequacy" is an important prerequisite for securing reliable inference in empirical modelling. This paper argues for more emphasis on replication that specifically assesses whether the results reported in empirical studies are based on statistically adequate models, i.e., models with valid underpinning statistical assumptions that satisfy relevant diagnostic tests of misspecification. A replication plan is briefly outlined to illustrate what this would involve in practice in the context of a specific study by Acemoglu, Gallego and Robinson (Institutions, human capital, and development, Annual Review of Economics, 2014).
Subjects: 
replication
statistical adequacy
inference
instrumental variables
reduced form
fundamental determinants of economic development
JEL: 
C31
C36
I25
P14
O10
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper
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